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BUSINESS

BUSINESS latest

Spirit airlines
May 2nd, 2026 - 12:50 GMT
Osama Ali

Osama Ali

Spirit airlines sinks during bankruptcy rescue amid Iran war fallout

ALBAWABA - Rising jet fuel prices have caused Spirit Airlines to give up on its recovery plan and start shutting down after failing to get a last-minute loan. The airline confirmed that all flights would be canceled and customer service would be shut down as part of an organized liquidation process. The move comes after failed efforts to get out of its second bankruptcy. Even though a large group of ...
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Gulf Bank team members with the two World Finance Magazine Awards
February 6th, 2017 - 04:44 GMT

Recognition of Gulf Bank’s digital innovation continues with two awards from World Finance

Qatar Airways' new route surpasses Emirates' longest flight by about 600 kilometers. (File photo)
February 5th, 2017 - 03:00 GMT

Qatar Airways set to eclipse Emirates with world’s longest flight

The large-scale renewable energy project will generate five thousand megawatts of energy for the country. (File photo)
February 5th, 2017 - 02:00 GMT

Iran to spend $3 billion on renewable energy projects

Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, visits the Arab Health event. (Twitter)
February 5th, 2017 - 01:00 GMT

Dubai’s ‘Arab Health’ sheds light on 3D printing for medical purposes

The ministry stated that it is concerned with saving energy used by the industrial sector and making it more environmentally friendly to reduce CO2 emissions, adding that Egypt is ranked 11th worldwide in terms of rapidly increasing emission rates. (File photo)
February 5th, 2017 - 12:00 GMT

Egypt to invest $6.5 million to solar energy projects

Dubai Properties’ iconic tower development 1/JBR on track for Q4 2019 completion
February 5th, 2017 - 11:54 GMT

Dubai Properties’ iconic tower development 1/JBR on track for Q4 2019 completion

H.E. Rashed Al Blooshi - ADX CEO
February 5th, 2017 - 11:40 GMT

15.2 Billion Dirhams of margin trading finance in ADX in 2016

Wolfgang Wemhoff CTO_Ooredoo
February 5th, 2017 - 11:30 GMT

Ooredoo highlights Information Security Awareness in training session for all staff

During the event
February 5th, 2017 - 11:22 GMT

Thomson Reuters & DFSA inaugurates 2017 MENA Regulatory Summit

Ali Jaber
February 5th, 2017 - 11:15 GMT

AUD launches Journalism Competition for high school students

Velodyne self driving car sensor at the North American International Auto Show media preview January 9, 2017 in Detroit, Michigan. (Shutterstock)
February 5th, 2017 - 11:00 GMT

Israel looking to break into auto industry with intelligent cars

Mercedes-Benz a–class 250 now even more appealing from just OMR 12,995
February 5th, 2017 - 10:21 GMT

Mercedes-Benz a–class 250 now even more appealing from just OMR 12,995

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